A new market study,“ Market for Proximity Sensor ” has been featured on Market Research Future.
The study takes a closer look at the major economic turmoil, with a focus on the recent COVID-19 pandemic disruptions
Related Link :http://heraldkeeper.com/news/proximity-sensor-market-size-revenue-covid-19-impact-analysis-regional-trends-company-profile-developments-and-opportunity-assessment-2025-520450.html
Press Release Content:
Market Research Future (MRFR) announces the publication of its half-cooked research report – global proximity sensor market 2019–2025. According to Market Research Future, the global proximity sensor market has been segmented on the basis of technology, end user, and region.
With continuous developments in industrial automation, the proximity sensor market is witnessing high demand. In industrial automation, proximity sensors are used in conveyor lines for counting and jam detection and in machine tools for safety interlock and sequencing. However, the highest demand for proximity sensors comes from the automotive sector. Proximity sensors are used for application such as parking assistance systems, infotainment systems, 3D gesture control systems, interior lighting control systems, and keyless entry systems in the automotive industry.
One of the important applications of proximity sensors is seen in parking assistance systems where these sensors detect the presence of objects in the path of the vehicle and raise alarm in order to warn the driver. These sensors are also used for preventing collision with pedestrians while parking the vehicle. Stringent regulations regarding automotive safety and growth of connected vehicles market are driving the adoption of proximity sensors across the automotive industry. Apart from automotive applications, proximity sensors are used in consumer electronics, aerospace & defense, food & beverages industries, among others.
The global proximity sensor market has been segmented on the basis of technology, end user, and region.
By end user, the market has been segmented into aerospace & defense, automotive, industrial, consumer electronics, food & beverage, and others. The automotive segment holds a major market share in 2018, due to a large number of installations in automobiles for safety applications. The aerospace & defense segment is expected to grow at a significant CAGR during the forecast period.
On the basis of technology, the market has been segmented into inductive, capacitive, photoelectric, and magnetic. The photoelectric proximity sensor is expected to account for a significant market share due to its extensive application in automotive and material handling. The capacitive proximity sensor segment is expected to grow at the highest CAGR during the forecast period.
More Information :https://www.marketresearchfuture.com/reports/proximity-sensor-market-8191
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Market Research Future
+1 646 845 9312
Email: [email protected]